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Determinants of Airbnb prices in European cities: A spatial econometrics approach (Supplementary Material)

Authors: Gyódi, Kristóf; Nawaro, Łukasz;

Determinants of Airbnb prices in European cities: A spatial econometrics approach (Supplementary Material)

Abstract

This repository contains supplementary materials for the article: Determinants of Airbnb prices in European cities: A spatial econometrics approach (DOI: https://doi.org/10.1016/j.tourman.2021.104319) The materials include the used datasets and Python scripts for spatial regression models. Datasets For each city two files are provided: data for weekday and weekend offers The columns are as following: realSum: the full price of accommodation for two people and two nights in EUR room_type: the type of the accommodation room_shared: dummy variable for shared rooms room_private: dummy variable for private rooms person_capacity: the maximum number of guests host_is_superhost: dummy variable for superhost status multi: dummy variable if the listing belongs to hosts with 2-4 offers biz: dummy variable if the listing belongs to hosts with more than 4 offers cleanliness_rating: cleanliness rating guest_satisfaction_overall: overall rating of the listing bedrooms: number of bedrooms (0 for studios) dist: distance from city centre in km metro_dist: distance from nearest metro station in km attr_index: attraction index of the listing location attr_index_norm: normalised attraction index (0-100) rest_index: restaurant index of the listing location attr_index_norm: normalised restaurant index (0-100) lng: longitude of the listing location lat: latitude of the listing location Programming Scripts In this repository you will find a script for spatial regressions in Python using PySAL (models_robust.py). The codes cover the following regression models: OLS SLX (lagged_x) SAR (lagged_y) SDM (lagged_x_y) SEM (lagged_e) SDEM (lagged_e_x) Main parameters: cities - list of cities from the dataset to be included in the analysis Robust=False: calculate the OLS, SLX, SAR and SDM regressions with W (weight matrix) based on 10 closest neighbours Robust=True: calculate all regression models with different specifications of W direct_indirect=True: calculate the direct and indirect effects (based on Golgher, A. B., & Voss, P. R. (2016). How to Interpret the Coefficients of Spatial Models: Spillovers, Direct and Indirect Effects. Spatial Demography (Vol. 4). https://doi.org/10.1007/s40980-015-0016-y) Key functions: create_weights - defines the W specification write_stats - calculates's Moran's I and Geary's C direct - calculates the direct effect of the variable indirect - calculates the indirect effect coord - sets the coordinate refence system (CRS) appropriate to the analysed city total_results calculates the regressions the coordinates are projected from GPS (epsg:4326) to the local CRS (km_lat, km_lon) all regressions are saved as formatted txt table the results can be also saved as csv table

This research was supported by National Science Centre, Poland: Project number 2017/27/N/HS4/00951

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Keywords

econometrics approach, Science Policy, GPS, attr, regression models, Plant Biology, Marine Biology, OLS, Biochemistry, Microbiology, European cities, SLX, Sociology, Genetics, SDM, Airbnb prices, superhost status multi, EUR, nbsp, Cell Biology, km, Infectious Diseases, listing location lat, SEM, SDEM, formatted txt table, SAR, CRS

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